Tuesday, February 9, 2016

Wednesday 10/2/16

Update Last Tuesday - 9/2/16

High - 1.13376
Low -  1.11617

Open Daily - 1.11921

Potential move

The first week notes
- it seems that the price is still hungry and looking for more above as it has reaches the 2nd level of my monthly high level. another level is at 1.143 - 1.145 area, with the supply level between 1.139 - 1.141
- the present monthly range altogether is at 523.40 with a balances of 76.6 pips more to go.
- it could be at 1.14314 (high) or at 1.07336 (low)
- the present weekly range altogether is at 251.6 with a balances of 48.4 pips more to go. either it`ll be at 1.13860 (high) or 1.10376 (low)

Yesterday's notes
- the price did move toward the low at 1.11617 but retrace back toward 1.13376 with a total of 175.9 pips movement.
- it break the targeted 1.125 breakout point and move towards 1.132 - 1.35 level.

Wednesday
- as it`ll be the pivotal day with the trend shift to the second trend (bearish), thus the movement potentially would move to the weekly low for the next 3 days with the potential high at 1.13170 abd 1.12170 as low.

Note
- If the price somehow break above 1.135, thus the probability of another bullish toward a week/monthly high at 1.43.
- the potential of price bearish towards 1.117 is very likely.

Trade Wisely
User Proper MM
Don`t Overtrade
Always Follow The Rules.

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